Suncorp Metway
Suncorp says Vic storms to cost $200m
Insurer Suncorp-Metway says claim costs from the recent storms in Victoria will reach $200 million.
Cost of Melbourne storms nears $500m
Drew Cratchley The cost of Melbourne's freak storms is quickly heading towards half a billion dollars, one of Australia's largest insurers says.
Storm hits IAG's earnings forecast
Eric Johnston The storm that pounded Melbourne last weekend is also hurting insurers, with Insurance Australia Group yesterday lowering its earnings guidance as payouts started to climb.
Reinsurers to put pressure on premiums
Eric Johnston Global insurance payouts linked to last month's devastating Chilean earthquake could reach as much as $US8 billion, which could force a round of price rises, QBE Insurance warns.
Trouble in far-flung corners of Qantas empire
David Symons Qantas chief executive Alan Joyce faces challenges in two partially owned corners of the empire.
Insurers weather storms
Danny John Second-half profits at the country's two largest insurers will take a big hit in the aftermath of the wild storms in Victoria and Queensland.
Suncorp increase staff to process claims
Suncorp-Metway has increased the number of claims staff, assessors and support staff helping customers affected by severe weather in Victoria and Queensland.
Online insurers take on the old guard
Danny John and Eric Johnston Australia's two biggest providers of motor insurance are bracing themselves for an increasing online attack from domestic and overseas rivals.
Suncorp first half profit gains 41%
Suncorp-Metway Ltd has increased first half profit by 41 per cent, as flagged earlier in the month.
Stocks to watch
Stocks to watch on the Australian stock exchange at close of trade.
Stocks close lower as miners fall
The Australian share market closed sharply lower after resources heavyweights BHP Billiton Ltd and Rio Tinto Ltd lost ground on softer base metals prices.
Suncorp bank arm still pesky
Eric Johnston Suncorp-Metway will cut dividends to preserve cash for its troubled banking arm, but CEO Patrick Snowball has pledged to rebuild the financial services group from the ground up.
IAG profit soars, confirms insurance margin upgrade
Insurance Australia Group has seen a massive turnaround in its fortunes after its first-half profit soared and the firm confirmed an upgrade to its annual insurance margin.
Shares expected to open week higher
David McIntyre Australian shares are likely to open higher on Monday after modest advances in US equities and ahead of the last major week of local earnings reports.
Banks in for one last slice of guarantee
Eric Johnston A decision by the federal government to put a deadline on removal of the wholesale funding guarantee as expected sparked a rush of issues by smaller lenders.
Insurance earnings drive Suncorp profit higher
Suncorp-Metway has announced first-half profit rose as much as 45 per cent as its insurance business benefitted from more favourable weather conditions and higher investment returns.
Suncorp shines as weather lifts and markets calm
Danny John Suncorp-Metway has followed its rival, Insurance Australia Group, in upgrading its profit forecast for its forthcoming half-year because of fewer bad weather-related payouts.
Suncorp tips higher H110 net profit
Banker and insurer Suncorp-Metway Ltd says its first half net profit will be higher than in the first half of 2008/09.
Suncorp predicts rising net profit
Banker and insurer Suncorp-Metway Ltd says its first half net profit will be higher than in the first half of 2008/09, following a strong contribution from its insurance business.
